Petrochemicals

Around 140 planned and announced plants are scheduled to come online during the forecast period.

TechnipFMC has announced that a new world-scale ethylene cracker for the CSPCL Nanhai petrochemical complex has passed performance tests.

The expansion enables full production of 50 million gal./yr of biodiesel and bio-oil.

CNOOC Huizhou Petrochemicals has achieved China VI diesel target with DuPont IsoTherming DHT unit.

BGF has confirmed the exit of its minority investment in Petrotechnics, following the recent acquisition by Sphera Solutions.

UNIPOL PP Process Technology will be used for a new 400 000 tpy facility in Daesan, South Korea.

The group’s refined oil sales reached 40 million t for the first time, while chemicals marketing volume also rose from the previous year.

Completion of major expansion project makes Shell’s Geismar chemicals manufacturing site the largest producer of alpha olefins in the world.

INEOS Oxide has closed the acquisition of the Wilmar ethoxylation plant in Lavéra, France.

Emerson has been named as the ‘Industrial IoT Company of the Year’ by IoT Breakthrough.

Alpek, Indorama and Far Eastern will each have the right to receive one third of the capacity of PTA and PET produced at the Corpus Christi Project upon completion.

AspenTech evaluates the key role of prescriptive analytics as the oil and gas sector pushes towards digital transformation in the year ahead.

The financial impact of full commercial operations will be reflected in the company's financial results as of 1Q19.

Saudi Aramco’s purchase of LANXESS’s 50% share in ARLANXEO, valued at €1.5 billion on an enterprise value basis, makes it 100% owner of ARLANXEO.

Services relate to the construction of a new acrylate styrene acrylonitrile facility on the US Gulf Coast.